S5688 CONGRESSIONAL RECORD — SENATE July 30, 2012 

SEC. ll. BUSINESS RISK MITIGATION AND 

PRICE STABILIZATION. 

(a) MARGIN REQUIREMENTS.— 

(1) COMMODITY EXCHANGE ACT AMENDMENT.—Section 4s(e) of the Commodity Exchange Act (7 U.S.C. 6s(e)), as added by section 731 of the Dodd-Frank Wall Street Reform and Consumer Protection Act, is 

amended by adding at the end the following 

new paragraph: 

‘‘(4) APPLICABILITY WITH RESPECT TO

COUNTERPARTIES.—The requirements of paragraphs (2)(A)(ii) and (2)(B)(ii) shall not apply 

to a swap in which a counterparty qualifies 

for an exception under section 2(h)(7)(A) or 

satisfies the criteria in section 2(h)(7)(D).’’. 

(2) SECURITIES EXCHANGE ACT AMENDMENT.— 

Section 15F(e) of the Securities Exchange 

Act of 1934 (15 U.S.C. 78o–10(e)), as added by 

section 764(a) of the Dodd-Frank Wall Street 

Reform and Consumer Protection Act, is 

amended by adding at the end the following 

new paragraph: 

‘‘(4) APPLICABILITY WITH RESPECT TO

COUNTERPARTIES.—The requirements of paragraphs (2)(A)(ii) and (2)(B)(ii) shall not apply 

to a security-based swap in which a 

counterparty qualifies for an exception 

under section 3C(g)(1) or satisfies the criteria 

in section 3C(g)(4).’’. 

(b) IMPLEMENTATION.—The amendments 

made by this section to the Commodity Exchange Act shall be implemented— 

(1) without regard to— 

(A) chapter 35 of title 44, United States 

Code; and 

(B) the notice and comment provisions of 

section 553 of title 5, United States Code; 

(2) through the promulgation of an interim 

final rule, pursuant to which public comment will be sought before a final rule is 

issued; and 

(3) such that paragraph (1) shall apply solely to changes to rules and regulations, or 

proposed rules and regulations, that are limited to and directly a consequence of such 

amendments. 

SA 2655. Mr. MCCAIN submitted an 

amendment intended to be proposed by 

him to the bill S. 3414, to enhance the 

security and resiliency of the cyber and 

communications infrastructure of the 

United States; which was ordered to lie 

on the table; as follows: 

On page 23, strike line 18 and all that follows through page 25, line 8. 

SA 2656. Mr. MCCAIN submitted an 

amendment intended to be proposed by 

him to the bill S. 3414, to enhance the 

security and resiliency of the cyber and 

communications infrastructure of the 

United States; which was ordered to lie 

on the table, as follows: 

On page 145, strike lines 5 through 11 and 

insert the following: 

‘‘(f) ANNUAL REPORT.—Not later than 1 

year after 

SA 2657. Mr. MCCAIN submitted an 

amendment intended to be proposed by 

him to the bill S. 3414, to enhance the 

security and resiliency of the cyber and 

communications infrastructure of the 

United States; which was ordered to lie 

on the table, as follows: 

On page 124, strike line 7 and all that follows through page 128, line 14. 

SA 2658. Mr. MCCAIN submitted an 

amendment intended to be proposed by 

him to the bill S. 3414, to enhance the 

security and resiliency of the cyber and 

communications infrastructure of the 

United States; which was ordered to lie 

on the table, as follows: 

On page 121, strike lines 13 through 24. 

SA 2659. Mr. MCCAIN submitted an 

amendment intended to be proposed by 

him to the bill S. 3414, to enhance the 

security and resiliency of the cyber and 

communications infrastructure of the 

United States; which was ordered to lie 

on the table, as follows: 

On page 142, strike line 3 and all that follows through page 145, line 4. 

SA 2660. Mr. MCCAIN submitted an 

amendment intended to be proposed by 

him to the bill S. 3414, to enhance the 

security and resiliency of the cyber and 

communications infrastructure of the 

United States; which was ordered to lie 

on the table; as follows: 

On page 154, strike line 9 and all that follows through page 156, line 13. 

SA 2661. Mr. MCCAIN submitted an 

amendment intended to be proposed by 

him to the bill S. 3414, to enhance the 

security and resiliency of the cyber and 

communications infrastructure of the 

United States; which was ordered to lie 

on the table; as follows: 

On page 122, strike line 1 and all that follows through page 124, line 6. 

SA 2662. Mr. MCCAIN submitted an 

amendment intended to be proposed by 

him to the bill S. 3414, to enhance the 

security and resiliency of the cyber and 

communications infrastructure of the 

United States; which was ordered to lie 

on the table; as follows: 

At the end of title I, add the following: 

SEC. 111. SUNSET. 

This title is repealed effective on the date 

that is 3 years after the date of enactment of 

this Act. 

SA 2663. Mr. MCCAIN submitted an 

amendment intended to be proposed by 

him to the bill S. 3414, to enhance the 

security and resiliency of the cyber and 

communications infrastructure of the 

United States; which was ordered to lie 

on the table; as follows: 

At the end of title I, add the following: 

SEC. 111. SUNSET. 

This title is repealed effective on the date 

that is 5 years after the date of enactment of 

this Act. 

SA 2664. Mr. MCCAIN submitted an 

amendment intended to be proposed by 

him to the bill S. 3414, to enhance the 

security and resiliency of the cyber and 

communications infrastructure of the 

United States; which was ordered to lie 

on the table; as follows: 

On page 122, strike lines 18 through 25, and 

insert the following: 

vulnerabilities; and 

(2) in accordance with subsection (d), a program for carrying out collaborative education and 

f 

PRIVILEGES OF THE FLOOR 

Mr. HARKIN. Mr. President, I ask 

unanimous consent that the following 

fellow and interns be granted floor 

privileges for the remainder of the day: 

Bryan Boroughs, Lucy Stein, Shauna 

Agan, Douglas Dorando, Keagan 

Buchanan, and Andrea Jarcho. 

The ACTING PRESIDENT pro tempore. Without objection, it is so ordered. 

Mr. BROWN of Ohio. Mr. President, I 

ask unanimous consent that the privilege of the floor be granted to Ben 

Cohen, a fellow on my staff. 

The PRESIDING OFFICER. Without 

objection, it is so ordered. 

f 

NATIONAL WORK AND FAMILY 

MONTH 

Mr. BROWN of Ohio. Madam President, I ask unanimous consent that the 

Senate proceed to S. Res. 533 submitted 

earlier today. 

The PRESIDING OFFICER. The 

clerk will report the resolution by 

title. 

The legislative clerk read as follows: 

A resolution (S. Res. 533) designating October 2012 as ‘‘National Work and Family 

Month.’’ 

There being no objection, the Senate 

proceeded to consider the resolution. 

Mr. BROWN of Ohio. I ask unanimous 

consent that the resolution be agreed 

to, the preamble be agreed to, the motion, to reconsider be laid upon the 

table, with no intervening action or debate, and any statements be printed in 

the RECORD. 

The PRESIDING OFFICER. Without 

objection, it is so ordered. 

The resolution (S. Res. 533) was 

agreed to. 

The preamble was agreed to. 

The resolution, with its preamble, 

reads as follows: 

S. RES. 533 

Whereas, according to a report by 

WorldatWork, a nonprofit professional association with expertise in attracting, motivating, and retaining employees, the quality 

of workers’ jobs and the supportiveness of 

the workplace of the workers are key predictors of the job productivity, job satisfaction, 

and commitment to the employer of those 

workers, as well as of the ability of the employer to retain those workers; 

Whereas ‘‘work-life balance’’ refers to specific organizational practices, policies, and 

programs that are guided by a philosophy of 

active support for the efforts of employees to 

achieve success within and outside the workplace, such as caring for dependents, health 

and wellness, paid and unpaid time off, financial support, community involvement, and 

workplace culture; 

Whereas numerous studies show that employers that offer effective work-life balance 

programs are better able to recruit more talented employees, maintain a happier, 

healthier, and less stressed workforce, and 

retain experienced employees, which produces a more productive and stable workforce with less voluntary turnover; 

Whereas job flexibility often allows parents to be more involved in the lives of their 

children, and research demonstrates that parental involvement is associated with higher 

achievement in language and mathematics, 

improved behavior, greater academic persistence, and lower dropout rates in children; 

Whereas military families have special 

work-family needs that often require robust 


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July 30, 2012 CONGRESSIONAL RECORD — SENATE S5689 

policies and programs that provide flexibility to employees in unique circumstances; 

Whereas studies report that family rituals, 

such as sitting down to dinner together and 

sharing activities on weekends and holidays, 

positively influence the health and development of children and that children who eat 

dinner with their families every day consume nearly a full serving more of fruits and 

vegetables per day than those who never eat 

dinner with their families or do so only occasionally; and 

Whereas the month of October is an appropriate month to designate as National Work 

and Family Month: Now, therefore, be it 

Resolved, That the Senate— 

(1) designates October 2012 as ‘‘National 

Work and Family Month’’; 

(2) recognizes the importance of work 

schedules that allow employees to spend 

time with their families to job productivity 

and healthy families; 

(3) urges public officials, employers, employees, and the general public to work together to achieve more balance between 

work and family; and 

(4) calls upon the people of the United 

States to observe National Work and Family 

Month with appropriate ceremonies and activities. 

f 

MEASURES READ THE 1ST TIME— 

S. 3457 AND H.R. 4078 

Mr. BROWN of Ohio. Madam President, I understand there are two bills 

at the desk, and I ask for their first 

reading en bloc. 

The PRESIDING OFFICER. The 

clerk will read the bills by title for the 

first time. 

The legislative clerk read as follows: 

A bill (S. 3457) to require the Secretary of 

Veterans Affairs to establish a veterans job 

corps, and for other purposes. 

A bill (H.R. 4078) to provide that no agency 

may take any significant regulatory action 

until the unemployment rate is equal to or 

less than 6.0 percent. 

Mr. BROWN of Ohio. I now ask for a 

second reading en bloc and object to 

my own request en bloc. 

The PRESIDING OFFICER. Objection having been heard, the bills will be 

read for a second time on the next legislative day. 

f 

ORDERS FOR TUESDAY, JULY 31, 

2012 

Mr. BROWN of Ohio. Madam President, I ask unanimous consent that 

when the Senate completes its business 

today, it adjourn until 10 a.m. on Tuesday, July 31; that following the prayer 

and pledge, the Journal of proceedings 

be approved to date, the morning hour 

be deemed expired, and the time for the 

two leaders be reserved for their use 

later in the day; that the majority 

leader be recognized and the time until 

12:30 p.m. be equally divided and controlled between the two leaders or 

their designees, with the majority controlling the first hour and the Republicans controlling the second hour; and 

that the Senate recess from 12:30 p.m. 

until 2:15 p.m. to allow for the weekly 

caucus meetings. 

The PRESIDING OFFICER. Without 

objection, it is so ordered. 

f 

PROGRAM 

Mr. BROWN of Ohio. Madam President, we will continue to debate the cybersecurity bill tomorrow. Senators 

will be notified when votes are scheduled. 

f 

ADJOURNMENT UNTIL 10 A.M. 

TOMORROW 

Mr. BROWN of Ohio. If there is no 

further business to come before the 

Senate, I ask unanimous consent that 

the Senate adjourn under the previous 

order. 

There being no objection, the Senate, 

at 6:51 p.m., adjourned until Tuesday, 

July 31, 2012, at 10 a.m. 


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